OUE

OUE had a false breakout on 9 Dec and was selling off ugly all the way to current price at 3.26, which is its key support level. It's time for bull to fight back.

Spike on SIA

Straits Times Index

STI is not moving strong as what I expected. It's been sideways for the past nine days within the tight range of 3175 ~ 3220. I think the probability it comes down to test its neckline 3120 has been increased now. The head and shoulder pattern looks nice, someone wants to make it happen?

Anyway, I'm relatively light on my hands, the bullish sector is still commodities. The major support is 3120, and key resistance level is 3220.

Bullish on Commodities

Noble and StraitsAsia are rebounding from support level now. Real time chart below:

SAR:

 Noble Grp

The Broad Market

Goooood morning everyone!

I was relatively quiet on past few days, sorry about that. The overall markets are looking bullish, the SPX, STI, HSI, SSE are bullish, probably we are entering the Christmas Rally season. Good news for bulls.

Below are the bullish set up counters 'em looking at:

KepT&T
Genting HK
Genting SP
YZJ
UOB
DBS
OCBC
Indoagri
Noble
OUE

Will update you the chart later.

OUE Poised to Move Higher

HL Asia Rebounding from Its major Support

Long Candidate: Sembmar